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Google is making a big revolution in the retail trading. It is changing your mobile phones as your money purse with the technology of Near Field Communication. With the help of Google Wallet, you can purchase things and no need to pay for it by money. If you shake the phone in front of the specialized device the money will be transferred to shop owner’s account from your account.The discounts and prize coupons also save in the phone and you can use them when you attend that shop again.

Are you all confused? But it’s true. Yeah Google has introduced an application for the mobile users, “Google Wallet”. This application is developed with NFC technology.

What is NFC? It’s the shortened version of Near Field Communication. NFC allows you to share and pair the data exchange and data transaction. NFC chip should be fixed in the devices to get the use of NFC. Therefore Google has decided to fix the NFC chips in all Android phones.

NFC technology is very useful in many fields. Social networking, Bluetooth and Wi-Fi connections, E-commerce and Identity documents, these are some good examples. Under these categories we are getting many uses such as an NFC enabled device can also act as an encrypted student,employee, an NFC device may make a payment like a credit card by touching a payment terminal at checkout or a vending machine when a PIN is entered, Instant Wi-Fi Configuration can configure a device to a Wi-Fi network automatically, tap an NFC device to an NFC enabled router , to pay a friend, you could tap the devices and enter the amount of the payment and tap one NFC device to another to enter a multiplayer game,etc………

Therefore without involving in trade, Google will grow as a multi-national company in future and both Apple and Microsoft will introduce advanced technologies better than this in the future for the development of this project.